If I want to apply for a HELOC I need the value of my home to go up. How much time does it take?
Personal Loan as Down Payment on an investment loan? Is this something that is possible?
Hey BP, I have seen some people have been asked to give a down payment just to apply for a loan (in the last conversation I had , it was with an investor who needed a commercial loan) How common is this and why is tha...
Buyers are expected to put down a deposit on their contract. A sign of good faith, this amount consequently allows for additional time to seek financing. Held jointly in an escrow account, the amount ranges from 1,000...
Any broker able to do loans in SC, that have worked with lease options? Looking to find someone who can apply consideration money as a down payment if/when a buyer goes to get a conventional loan.
My partner and I are looking at 6-unit apt. My cousin (wholesaler) is willing to hold the note 70% we pay him 30% and 10% interest monthly on the 70%. We plan to right away apply for commercial lending which will requ...
Hello, I'm attempting to use crowdfunding for a purchase. The property in question is a 4 unit building, 3 apts, 1 commercial, all rented out, outside the Philly metro area, private seller. All systems have been updat...
Will lenders approval a loan if you bring them a great deal? Although I may not be in a perfect financial position to get approved for a loan to purchase an investment property, ( credit score, income, debt, etc) I’m ...
When approaching a hard money lender what are the most significant things they look at in a borrower. Do they look at your DTI ratio, do they require a certain amount of income based on loan value? Etc. I know they wa...
Hi BP and Friends,
I realized that after acquiring my first 4-Units investment, there is a big setback financially. This is because the conventional bank required that I put down 25%. It is pretty much all I’...